/term/cyclically-adjusted-pb-ratio/SZSE:300598 ArcherMind Technology (Nanjing) Co (SZSE:300598) Cyclically
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ArcherMind Technology (Nanjing) Co (SZSE:300598) Cyclically Adjusted PB Ratio : 8.23 (As of Jun. 20, 2024)


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What is ArcherMind Technology (Nanjing) Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), ArcherMind Technology (Nanjing) Co's current share price is ¥29.88. ArcherMind Technology (Nanjing) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.63. ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio for today is 8.23.

The historical rank and industry rank for ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:300598' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.65   Med: 8.02   Max: 8.43
Current: 8.28

During the past years, ArcherMind Technology (Nanjing) Co's highest Cyclically Adjusted PB Ratio was 8.43. The lowest was 7.65. And the median was 8.02.

SZSE:300598's Cyclically Adjusted PB Ratio is ranked worse than
86.88% of 1425 companies
in the Software industry
Industry Median: 2.52 vs SZSE:300598: 8.28

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ArcherMind Technology (Nanjing) Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.257. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥3.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

ArcherMind Technology (Nanjing) Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ArcherMind Technology (Nanjing) Co Cyclically Adjusted PB Ratio Chart

ArcherMind Technology (Nanjing) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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ArcherMind Technology (Nanjing) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 8.73

Competitive Comparison of ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio falls into.


ArcherMind Technology (Nanjing) Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.88/3.63
=8.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ArcherMind Technology (Nanjing) Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ArcherMind Technology (Nanjing) Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.257/115.2271*115.2271
=7.257

Current CPI (Mar. 2024) = 115.2271.

ArcherMind Technology (Nanjing) Co Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 1.082 97.624 1.277
201406 1.077 98.200 1.264
201412 1.252 99.000 1.457
201509 0.000 100.500 0.000
201512 1.534 100.600 1.757
201603 0.000 102.200 0.000
201606 1.602 101.400 1.820
201609 1.707 102.400 1.921
201612 1.824 102.600 2.048
201703 2.075 103.200 2.317
201706 2.081 103.100 2.326
201709 2.139 104.100 2.368
201712 2.216 104.500 2.443
201803 2.184 105.300 2.390
201806 2.204 104.900 2.421
201809 2.244 106.600 2.426
201812 2.274 106.500 2.460
201903 2.247 107.700 2.404
201906 2.267 107.700 2.425
201909 2.291 109.800 2.404
201912 3.186 111.200 3.301
202003 3.070 112.300 3.150
202006 3.201 110.400 3.341
202009 3.417 111.700 3.525
202012 3.895 111.500 4.025
202103 5.018 112.662 5.132
202106 5.428 111.769 5.596
202109 5.527 112.215 5.675
202112 5.759 113.108 5.867
202203 5.539 114.335 5.582
202206 5.344 114.558 5.375
202209 5.196 115.339 5.191
202212 5.166 115.116 5.171
202303 5.861 115.116 5.867
202306 5.796 114.558 5.830
202309 5.761 115.339 5.755
202312 7.109 114.781 7.137
202403 7.257 115.227 7.257

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

ArcherMind Technology (Nanjing) Co  (SZSE:300598) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.

ArcherMind Technology (Nanjing) Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ArcherMind Technology (Nanjing) Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ArcherMind Technology (Nanjing) Co (SZSE:300598) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ArcherMind Technology (Nanjing) Co Ltd (SZSE:300598) » Definitions » Cyclically Adjusted PB Ratio
Comparable Companies
SHSE:603918 SZSE:002093 SZSE:300846 SZSE:002987 SZSE:300170 SHSE:600751 SZSE:300271 SHSE:688225 SZSE:002649 SZSE:300738 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
No. 19 Ningshuang Road, Yuhuatai District, Building B, Nanjing, Jiangsu, Nanjing, CHN, 210012
Website
https://www.archermind.com
ArcherMind Technology (Nanjing) Co Ltd is a China-based company engaged in offering software research, development, and consulting service in the fields of mobile devices and internet software. It provides solutions in the fields of Intelligent terminals, Smart automotive, Internet of Things (IoT) and Mobile internet. In Intelligent terminals, the company provides solutions for smartphone, tablet and virtual reality. Smart automotive comprise solutions such as digital cluster, automotive infotainment, intelligent cloud mirror, and smart cockpit. IoT solutions offer solutions for healthcare, home, kitchen and bath, whereas Mobile internet involves finance solutions. The company has a business presence around the world.
Executives
Wang Kun Directors, executives
Wang Jin Feng Directors, executives
Huang Hai Yan Directors, executives
Liu He Yi Director
Liu Yong Independent director

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